Which would you prefer: Cash/ credit cards or digital wallets for payment?
After making its presence felt across the US, Apple Pay has recently made its foray into the UK market. As is being speculated, this entry is just the tip of the iceberg – sooner than later, this payment method is also set to enter the remaining markets of the world. It isn’t just Apple Pay we mean to hint at; rather, we are talking about Google Wallet and all the remaining digital wallet services that are available.
So, coming back to the popularity of this service, many technology users are terming it as the ‘next change’ that’s going to take over the now-traditional modes of payment such as cash and credit cards. Then again, not everyone is hopeful about this change happening at such a quick pace and that too in such a grand manner that everyone will replace their cash and cards with their smartphones. Security fear is one hindrance that users are still trying to overcome.
As per a survey on Statista, there are still mixed reactions about the acceptance of mobile payment methods in the US and not everyone who participated in the poll were hopeful about the replacement. Nonetheless, there’s still a sizeable population who seemed happy with this change and showed interest in exploring more features of the digital wallet. Call it convenience, hassle-free transaction, or peer pressure – digital wallets are here to stay.
View the poll results as part of the Infographic shared below:
Image via Statista